When Money Becomes Everything
Thanks to government elites, the only thing that matters is money, as the Federal Reserve has been creating it in ruinous amounts, pretending it is being responsible.
Thanks to government elites, the only thing that matters is money, as the Federal Reserve has been creating it in ruinous amounts, pretending it is being responsible.
On September 16, twelve people voted. The vote was 12 to 0. The Federal Open Market Committee raised the federal funds rate a quarter point, to 3.75 to 4 percent—the first hike since 2023.
The Federal Reserve’s inflation machine not only disrupts our lives now, but makes life difficult for future generations.
New price inflation data from the federal government shows that rising prices are outpacing wage growth yet again. Overall inflation is broader and bigger than forecasters have expected, and it's not just being caused by the War in Iran.
Keynesians claim that government debt is no problem because “we owe it to ourselves,” as though owners of US debt don’t care if they are repaid or not. Taxpayers, who actually will pay the debt, are left out of the equation.
Keynesians claim that government debt is no problem because “we owe it to ourselves,” as though owners of US debt don’t care if they are repaid or not. Taxpayers, who actually will pay the debt, are left out of the equation.
Despite the real damage the Trump administration is doing to the economy, its cheerleaders in the Cabinet continue to insist all is well. This is beyond wishful thinking.
Despite the real damage the Trump administration is doing to the economy, its cheerleaders in the Cabinet continue to insist all is well. This is beyond wishful thinking.
Ryan McMaken welcomes Mises Institute Senior Fellow Alex Pollock, a longtime expert on real estate finance, for a discussion on how Fannie Mae, Freddie Mac, and the Federal Reserve have created a socialist housing market in America. But it's socialism for the rich, and the system has made housing much more expensive for ordinary people.
Mark Thornton asks whether precious metals are coiling for a breakout as fiat money, Fed policy, global flows, and market manipulation put pressure on gold and silver.